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Showing posts from May 31, 2026

Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed (Caleb Mutua/Bloomberg)
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Caleb Mutua / Bloomberg : Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed   —  Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform …

Steve Hilton launches ad mocking Xavier Becerra's '36 years' as a career politician in California gov race
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California Republican gubernatorial candidate Steve Hilton launched a new campaign ad Saturday targeting former Biden administration official Xavier Becerra, signaling the general election fight may already be underway even as primary ballots continue to be counted. The 55-second ad mocks Becerra's lengthy political career and record in government, portraying the Democrat as a continuation of California's political status quo. The ad features silent clips of Becerra appearing on an old-fashioned TV screen while captions flash across the screen, including: "I've been a career politician for 36 years. Vote for me." Other captions reference issues likely to become central themes in the governor's race, including homelessness, California's high-speed rail project and Becerra's tenure as secretary of Health and Human Services in former President Joe Biden 's administration. HILTON, BECERRA, IN THE LEAD WITH VOTES STILL BEING COUNTED IN BATTLE FOR CALIF...

Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures (Robert Wright/Financial Times)
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Robert Wright / Financial Times : Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures   —  Safeguards must be in place before forces automate justice tasks, says head of Police.AI  —  A number of UK police forces …

Pennsylvania AG explains why state leads nation in Medicaid fraud convictions while others battle mass schemes
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Pennsylvania's Republican Attorney General Dave Sunday detailed how his state has become number one in the country in convicting Medicaid fraudsters in an exclusive interview with Fox News Digital. "As you know, in Pennsylvania we had the most Medicaid fraud convictions in the entire country last year. And the reason for that is because of how aggressively we investigate and prosecute these cases," Sunday told Fox News Digital. "We have an absolute moral duty to protect the most vulnerable amongst us. And one of the ways we can do that is making sure that the resources that are meant to go to them actually get to them," he continued. Amid a strong push from the White House to investigate and prosecute fraud nationwide — demonstrated through Vice President JD Vance's White House Task Force to Eliminate Fraud — Medicaid fraud in particular has come into the spotlight. I'M OHIO'S STATE AUDITOR — MEDICAID FRAUD IS NOT JUST A WASHINGTON PROBLEM In May, V...

WATCH: AOC leaves door open to 2028 White House bid: 'Maybe, maybe not'
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Rep. Alexandria Ocasio-Cortez , D-N.Y., refused to rule out a 2028 presidential run, but said expanding healthcare remains more important than pursuing higher office. "Could I be president?" Ocasio-Cortez said. "Could I not be president? Maybe, maybe not." She repeatedly steered the conversation away from her own political future and back toward policy outcomes, arguing that the value of holding office depends on what can be accomplished with it. She suggested that achieving universal healthcare would be a greater measure of success than securing any particular title, including the presidency. "What matters more is that we guarantee healthcare in this country," she told Fox News Digital. AOC DODGES QUESTIONS ON ABUSE ALLEGATIONS, NAZI TATTOO CLAIMS ROCKING PLATNER'S CAMPAIGN Speculation about Ocasio-Cortez's political future has grown as some Democrats view her as a potential contender in the 2028 presidential race. While she has never formally an...

Sources: Meta is exploring a stock offering to raise tens of billions of dollars to fund AI capital expenditures, following Google's record $85B share deal (Financial Times)
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Financial Times : Sources: Meta is exploring a stock offering to raise tens of billions of dollars to fund AI capital expenditures, following Google's record $85B share deal   —  Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure

SEE IT: Lavish $35M mansion bought by tech CEO accused of feeding US gear to Iran's nuclear machine
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A dual U.S.-Iranian citizen accused of helping Iran's military and nuclear program obtain sensitive American technology used millions of dollars in illicit proceeds from the scheme to fund the construction of his Newport Beach mansion, federal prosecutors said Wednesday. Jamshid Ghomi, 63, an Iranian-American businessman who lives in Newport Coast, California, was charged with conspiracy to violate U.S. sanctions laws by supplying export-restricted American networking, security and encryption equipment to customers in Iran, including entities tied to the country's military and nuclear enrichment programs. "As alleged, Ghomi enriched himself by supplying U.S. technology to the Atomic Energy Organization of Iran and other sanctioned entities responsible for Iran’s nuclear program," Assistant Attorney General for National Security John A. Eisenberg said in a statement. The arrest comes amid a broader federal crackdown on Iranian procurement networks and intelligence ope...

Dozen GOP rebels fail to permanently kill Trump's controversial $2B fund
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Senate Republicans rallied against permanently killing President Donald Trump's nearly $2 billion "anti-weaponization" fund despite heavy criticism among their ranks. Republicans and Democrats shut down an amendment from Sen. Thom Tillis, R-N.C., that would prevent the fund from ever returning and instead divert the funding to the nation's fraud fund. Though Senate Democrats despise the "anti-weaponization" fund, diverting the money was a bridge too far for nearly the entire caucus. A dozen Republicans voted for the amendment, however, signaling a broad distaste for the fund and any future plans the administration may have for it.  The amendment’s failure could put to bed the growing push to codify a permanent end to the fund and comes after hours of delays at the onset of the Senate's marathon voting spree to pass the GOP's nearly $70 billion immigration enforcement package. BOTH PARTIES TARGET TRUMP'S $2B FUND AS ICE FUNDING PACKAGE ENTERS DAN...

Founders Fund launches a TV-style game show featuring A-list founders and investors, including Sam Altman and Palmer Luckey, playing a game of Mafia (Tom Dotan/Newcomer)
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Tom Dotan / Newcomer : Founders Fund launches a TV-style game show featuring A-list founders and investors, including Sam Altman and Palmer Luckey, playing a game of Mafia   —  Do people want to watch the likes of Sam Altman, Trae Stephens & Palmer Luckey compete in a party game?  We'll soon find out.  —  ∙ Paid

OpenAI diverges from Trump's AI EO in a new policy paper, proposing cyber risk evaluations for advanced AI systems be mandatory and led by CAISI, not the NSA (Brendan Bordelon/Politico)
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Brendan Bordelon / Politico : OpenAI diverges from Trump's AI EO in a new policy paper, proposing cyber risk evaluations for advanced AI systems be mandatory and led by CAISI, not the NSA   —  OpenAI's new proposal comes as its CEO Sam Altman descends on Washington for a series of Wednesday meetings with White House officials …

Sex criminals, gang members abused child immigration program to enter US, DHS reveals
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EXCLUSIVE — The Department of Homeland Security (DHS) says that thousands of illegal aliens — many of them sex criminals, murderers and known members of brutal gangs — have abused a program meant to protect at-risk minors in order to gain entry into the United States. A report from U.S. Citizenship and Immigration Services (USCIS) first obtained by Fox News Digital reveals the extent to which the Special Immigrant Juvenile (SIJ) program is riddled with fraud, and oftentimes exploited by the worst-of-the-worst criminals to gain legal status into the country. The program recipients are offered legal permanent resident status and eventually naturalization . It was created to offer a safe haven to children of illegal immigrants who have been victims of abuse, neglect or abandonment. USCIS' Fraud Detection and National Security Directorate uncovered more than a decade's worth of abuse of the program from fiscal years 2013 through 2025. HOMAN VOWS ICE DETENTION FACILITY 'ISN...

Perplexity announces a feature that lets Perplexity Computer split tasks between on-device AI models and server-based models (Zac Hall/9to5Mac)
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Zac Hall / 9to5Mac : Perplexity announces a feature that lets Perplexity Computer split tasks between on-device AI models and server-based models   —  Perplexity has announced a major new feature coming soon to Perplexity Computer: the ability to split tasks between local and cloud models.

Gigascale Capital, a climate tech VC firm co-founded by former Meta CTO Mike Schroepfer, closed a $250M fund to back early-stage startups supporting the AI boom (Michelle Ma/Bloomberg)
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Michelle Ma / Bloomberg : Gigascale Capital, a climate tech VC firm co-founded by former Meta CTO Mike Schroepfer, closed a $250M fund to back early-stage startups supporting the AI boom   —  Gigascale Capital closed a $250 million fund for early-stage startups.  —  Climate tech venture capital firm Gigascale Capital …

Trump admin backs off controversial $2B fund, clearing path for stalled GOP immigration bill
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The Department of Justice (DOJ) pressed pause on the Trump administration's "anti-weaponization" fund on Monday, giving Senate Republicans runway to hammer through a massive immigration enforcement funding package in the process. The DOJ announced on X that it would abide by a Virginia federal court's order to not move forward with the fund. It comes as Republicans in the upper chamber punted their plan to advance a $72 billion immigration enforcement package over deep concerns about who could access the flow of taxpayer dollars from the nearly $2 billion fund. The DOJ said in a statement that it "disagrees strongly with the decision on the Anti-Weaponization Fund" by the Virginia district court, "wherein the Court stated that, under no circumstances, may the Department of Justice proceed with the Anti-Weaponization Fund recently established in order to make up for the tremendous abuse, harm, and hate unfairly shown to so many people." SENATE GO...

Biden’s posh vacation enclave roiled as church axes July 4 tradition over ‘whiteness’ debate: ‘Spewing lies’
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A Nantucket church on the exclusive Massachusetts island long favored by former President Joe Biden canceled its annual Fourth of July reading of America’s founding documents, citing an effort to understand "our own whiteness" and drawing sharp criticism from conservatives. "Our cancelling the 4th of July celebration this year reflects ... an on-going process within the congregation to better understand our own whiteness," wrote Nantucket Unitarian Universalists (NUU) and the Rev. Erin Splaine of the Second Congregational Meeting House Society in a letter published by the Nantucket Current on Thursday.  The historic Nantucket Unitarian Meeting House has hosted a public reading of the Declaration of Independence and the Bill of Rights in downtown Nantucket each Fourth of July holiday for the past 25 years. The decision comes as communities across the country prepare for events tied to America's upcoming semiquincentennial celebrations, sparking criticism from so...

Researchers find several packages in the @redhat-cloud-services npm namespace shipped malware targeting credentials for GitHub Actions, AWS, GCP, and others (Rohan Prabhu/Step Security Blog)
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Rohan Prabhu / Step Security Blog : Researchers find several packages in the @redhat-cloud-services npm namespace shipped malware targeting credentials for GitHub Actions, AWS, GCP, and others   —  Several packages in the @redhat-cloud-services npm scope were found to carry malicious payloads that fire via a preinstall hook on every npm install.

Hasan Piker says UK has barred him, trashes 'unbelievable...power' of pro-Israel groups
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It hasn't been a great last few days for Marxist political influencer Hasan Piker . First, as Fox News Digital reported exclusively last week, the Treasury Department's Office of Foreign Asset Control (OFAC) sent Piker an administrative subpoena seeking financial, logistical and communications records related to his March trip to Cuba as part of an investigation into whether he violated U.S. sanctions laws against doing business with the communist regime running the island nation. Then last night, during protests outside an Immigration and Customs Enforcement facility in Newark, N.J., hecklers confronted Piker, calling him a "f---ing fraud, " "fake-a-- grifter" and "dog abuser," telling him, "Go back to the desktop." (Piker has denied allegations he trained his dog, Kaya, with a shock collar.) Now, Piker told his loyal following on the gaming platform Twitch that British authorities denied his Electronic Travel Authorization, or ETA, pre...

Left-wing streamer blasts New Jersey governor over state police response at ICE facility protests
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Marxist political commentator and Twitch streamer Hasan Piker blasted New Jersey Gov. Mikie Sherrill during a livestream Sunday, accusing the Democratic governor of aiding the Trump administration's immigration agenda through her response to anti-ICE protests outside a Newark detention facility. Piker's criticism came after Sherrill defended the deployment of state police around demonstrations outside Delaney Hall, an ICE detention center in Newark, saying she would not allow unrest to provide a pretext for expanded federal immigration operations in New Jersey. "I refuse to let that happen in New Jersey. I will not give ICE a pretext," Sherrill said in remarks aired during a news segment Piker was reacting to on stream. Piker quickly mocked the governor's explanation. GOV. SHERRILL BLAMES ICE, DEFENDS RIOTERS AFTER DEPLOYING TROOPERS TO QUELL VIOLENT MOB "Yeah, I won't give ICE a pretext. So I'm going to ensure that they don't have to do anything...

NYC-based Garner Health, which uses data analytics to help 2.5M+ workers find physicians, raised a $100M Series E at a $2.74B valuation led by Index Ventures (Cailey Gleeson/Fierce Healthcare)
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Cailey Gleeson / Fierce Healthcare : NYC-based Garner Health, which uses data analytics to help 2.5M+ workers find physicians, raised a $100M Series E at a $2.74B valuation led by Index Ventures   —  Garner Health Employer health funding round venture capital (VC)  —  Garner Health, a digital care navigation company for employers …

Experts say ChatGPT, Gemini, and other Western AI models are turbocharging Iran's cyber operations, helping it develop malware and launch phishing attacks (Jacob Judah/Financial Times)
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Jacob Judah / Financial Times : Experts say ChatGPT, Gemini, and other Western AI models are turbocharging Iran's cyber operations, helping it develop malware and launch phishing attacks   —  Western AI models are turbocharging Tehran's cyber operations, helping it develop malware and launch attacks